SK Hynix U.S. stock listing ADR debut August 2026

Regulatory clearance from the SEC for the listing exertion could get during the week of June 22, Reuters reported, citing radical acquainted with the substance who asked not to beryllium identified. "SK Hynix plans to contented ADRs wrong 2026, but the details, including the size and timing, person not yet been decided," the institution said successful a statement.

SK Hynix filed confidentially for a U.S. listing successful March. At the time, a root told Reuters the offering could rise arsenic overmuch arsenic $14 billion.

The world's second-largest representation chipmaker is simply a ascendant supplier of high-bandwidth representation chips utilized successful AI servers, with its presumption arsenic Nvidia's largest representation spouse placing it astatine the halfway of the planetary AI infrastructure buildout. SK Hynix banal has climbed 240% this year.

In precocious May, SK Hynix reached a marketplace capitalization of $1 trillion for the archetypal time, closing 9.3% higher connected the Korea Exchange arsenic request for high-bandwidth representation chips increased. During that session, its marketplace worth peaked astatine astir $1.12 trillion. Only TSMC and Samsung Electronics had reached this level earlier among Asian companies, making SK Hynix the third.

SK Hynix commands 57% of planetary high-bandwidth representation gross arsenic of past year's 4th quarter, according to Reuters, with Samsung and Micron Technology holding the remaining shares.

The institution past week announced a multi-year exertion concern with Nvidia to make next-generation representation chips for AI information centers, covering proviso for Nvidia's Vera Rubin AI supercomputers, Vera CPUs, and different platforms. Nvidia CEO Jensen Huang described SK Hynix arsenic Nvidia's largest representation spouse and said the institution already purchases billions of dollars from SK Hynix each year.

If the timeline holds, SK Hynix would participate U.S. markets during a agelong that is shaping up to beryllium unusually progressive for caller listings, with OpenAI, Anthropic, and SpaceX besides expected to debut successful the second fractional of the year.